HONG KONG: A Hong Kong court on Monday found Birmingham City owner Carson Yeung guilty of five counts of money-laundering, completing the former hairdresser’s fall from grace since taking over the club in 2009.
The 54-year-old businessman had denied laundering HK$720 million ($93 million) between 2001 and 2007, and repeatedly tried to halt proceedings over the course of the trial, claiming irregularities.
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